Latest topics
» Church of England Admits it ‘Colluded’ to Cover-Up Decades of Child Abuse
Today at 12:58 am by MartyM

» POOFness for JUNE 25: KEEP THE FAITH
Yesterday at 9:08 pm by PurpleSkyz

» A BRAVE NEW WORLD
Yesterday at 5:33 pm by PurpleSkyz

»  Dolores Cannon's revelations New Earth, Frequency, ET Souls, Waves, How to Shift YouTube 360p
Yesterday at 5:02 pm by PurpleSkyz

» Corey Goode & Dark Journalist: Who is telling the Truth?
Yesterday at 3:22 pm by PurpleSkyz

» Cindy Kay Currier - Transition Status Report: We are connected
Yesterday at 2:43 pm by PurpleSkyz

» Ancient Alien Spaceship Found In Oklahoma?
Yesterday at 2:40 pm by PurpleSkyz

» AZ Heatwave Damage | Governor Declares 'State of Emergency' Arizona Wildfires
Yesterday at 2:22 pm by PurpleSkyz

» Max Igan - Cholera Cases Exceed 200,000 in Yemen
Yesterday at 2:20 pm by PurpleSkyz

» NIBIRU News ~ Scientists Find That Our Solar System May Have TWO Suns plus MORE
Yesterday at 2:18 pm by PurpleSkyz

» UFO News ~ UK UFO files have finally been released plus MORE
Yesterday at 2:17 pm by PurpleSkyz

» University Lecturer Finds Population Of Fairies?
Yesterday at 12:05 pm by Consciousness Of Economic

» Japan Scientist/Radiation Pouring into Pacific/CA's Beaches/Now Marine Graveyards/Fukushima
Yesterday at 12:03 pm by Consciousness Of Economic

» CO-CREATION, CREATOR, CREATION
Yesterday at 12:01 pm by Consciousness Of Economic

» The Queen's Speech.
Yesterday at 10:03 am by PurpleSkyz

» Starwalkers, Episode 1: "Arzachel" by T.S. Caladan
Yesterday at 9:56 am by PurpleSkyz

» This Weeks Scamtastic RV/GCR News: 6/24-6/30
Yesterday at 9:36 am by PurpleSkyz

» An Encouraging Look Forward By Foster Gamble
Yesterday at 9:35 am by Avebury

» The Journey…
Yesterday at 9:33 am by PurpleSkyz

» DNA Testing Of Paracas Peru Elongated Skulls: May 2017 Update
Yesterday at 8:39 am by PurpleSkyz

» What the heck?? ~ Bizarre luminous giant sphere in Russia
Yesterday at 12:28 am by PurpleSkyz

» Nicole Kidman: ‘Stanley Kubrick Said Pedophiles Run The World’
Yesterday at 12:22 am by PurpleSkyz

» Corey Goode, Project Blue Beam, MK Ultra and the Luciferian Agenda.
Sat Jun 24, 2017 10:35 pm by PurpleSkyz

» Personal Out-of-this-World Technology Coming Soon!
Sat Jun 24, 2017 6:34 pm by PurpleSkyz

» UFO News ~ Interesting Plasma UFO Slovakia plus MORE
Sat Jun 24, 2017 6:32 pm by PurpleSkyz

Who is online?

You are not connected. Please login or register

Out Of Mind » DINARIAN SCAMTASTIC NEWS » RV/GCR, GURU CHATTER & NESARA INFO » Yuan stable against other currencies: new index

Yuan stable against other currencies: new index

View previous topic View next topic Go down  Message [Page 1 of 1]

PurpleSkyz

avatar
Admin
http://news.xinhuanet.com/english/2016-03/03/c_135152442.htm

Source: Xinhua 2016-03-03 16:42:18

BEIJING, March 3 (Xinhua) -- The Chinese currency, the yuan, remained basically stable against a basket of other currencies in February though it fluctuated slightly, according to analysis by financial services provider China Foreign Exchange Trade System (CFETS).

The yuan exchange rate composite index, which measures the yuan's strength relative to a basket of 13 currencies including the U.S. dollar, euro and Japanese yen, came in at 99.63 at the end of February.

That marked a 0.52-percent depreciation from the level at the end of January, according to an article published on the CFETS website on Thursday.

The index that measures the yuan against the BIS (Bank for International Settlements) weakened 0.35 percent from January, while that against the SDR (Special Drawing Rights) basket appreciated 0.14 percent.

"Generally speaking, the three indices showed small changes, suggesting the yuan has remained basically stable in February," according to the article.

The composite index is intended to offer a more comprehensive reflection of market changes. Previously, market watchers have mainly fixated on the yuan-U.S. dollar rate.

China's currency has been weakening against the U.S. dollar since the country revamped the foreign exchange mechanism last year, and there has been growing concern about capital outflows.

Speaking at the G20 Finance Ministers and Central Bank Governors Meeting last week, central bank governor Zhou Xiaochuan said there is no basis for continued weakness of the yuan as the country's economic fundamentals remain sound.


Thanks to LA for this forward
:) xox



  

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum